On average, listings lease in the $30's per square foot per year. The Ala Moana - Kakaako submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $7 per sqft per year. That's a 30% increase in rent.
In the last 90 days, 22 listings have been listed, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,270 sqft. Most properties in this market are close to 12 floors. Most buildings in this region were built in 1973 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Ala Moana - Kakaako occupants. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.